obama federal loan modification latest news


Obama Mortgage Refinancing Plan: A Bailout by Any Other Name - National Legal and Policy Center


National Legal and Policy Center

Obama Mortgage Refinancing Plan: A Bailout by Any Other Name
National Legal and Policy Center
The Federal Reserve purchased $1.25 trillion in mortgage securities to keep mortgage rates down. And the Obama administration created the still-operative Home Affordable Modification Program (HAMP) and Home Affordable Refinance Program (HARP) to make ...
CAR applauds Obama's proposal to help troubled homeownersRealEstateRama (press release)
President Comes to Area, Announces Homeowners Bill of RightsVirginia Connection Newspapers

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Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets - Bloomberg


Bloomberg

Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets
Bloomberg
Enlarge image Housing Stress Rises Despite Fed's Efforts Housing Stress Rises Despite Fed's Efforts Joshua Lott/Getty Images Homeowner Marie Piantino waits to see if she qualifies for a home modification loan in Phoenix.
Obama's Mortgage Plan About Politics, Not EconomicsU.S. News & World Report
Refloating the housing marketLos Angeles Times
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)
Washington Post -Center For American Progress -Sarasota Herald-Tribune
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Mortgage deal nears as holdout states join - Reuters


USA TODAY

Mortgage deal nears as holdout states join
Reuters
Schneiderman will also play a leading role in a federal-state working group Obama formed last month to investigate misconduct in the pooling and sale of risky home loans. MONEY BREAKDOWN Under the settlement, the banks would provide $17 billion in loan ...
Key Dates in the Foreclosure MessWall Street Journal (blog)
Bank foreclosure fraud settlement said nearWashington Post
Foreclosure settlement with major banks close to completionLos Angeles Times
Minneapolis Star Tribune -Baltimore Sun
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More about Mortgage deal nears as holdout states join - Reuters
Vail Daily column: More on the Making Home Affordable Act - Vail Daily News


Housing Wire

Vail Daily column: More on the Making Home Affordable Act
Vail Daily News
In the first part of this series we identified the Making Home Affordable Act, the Obama Administration's initiative to help struggling homeowners get mortgage relief through mortgage modifications, interest rate reductions, refinancing, ...
Obama housing plan helps its one millionth homeownerAGBeat
Homeowners struggle to get mortgage reliefTulsa World

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More about Vail Daily column: More on the Making Home Affordable Act - Vail Daily News
Obama Administration Expands Aid for Delinquent US Homeowners - BusinessWeek


Bloomberg

Obama Administration Expands Aid for Delinquent US Homeowners
BusinessWeek
28 (Bloomberg) -- The Obama administration, seeking to help more homeowners lower their interest rates and shed mortgage debt, will relax the rules on a federal loan- modification program and triple its incentives to banks. The revised Home Affordable ...
Obama administration bolsters homeowner lifelineReuters
US loosens mortgage aid requirementsPalm Beach Post

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Obama Plans Assistance for Rentals, Mortgage Refinancing - BusinessWeek


Politico

Obama Plans Assistance for Rentals, Mortgage Refinancing
BusinessWeek
Borrowers, even those who owe more than their homes are worth, would be able to refinance into government-guaranteed Federal Housing Administration Loans. To pay for the program, Obama will ask Congress for a tax on financial companies with more than ...
Obama proposes refinancing planCNNMoney
Obama unveils plan on housingTucson Citizen
Obama announces more details on refinancing for underwater homeownersAZ Central.com (blog)

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More about Obama Plans Assistance for Rentals, Mortgage Refinancing - BusinessWeek
Home foreclosures decline, but completions rise - CBS News


Central Florida News 13

Home foreclosures decline, but completions rise
CBS News
If you're a homeowner and have questions about whether you qualify for a loan modification or refinancing under the Home Affordable Refinance Program (also known as HARP 2.0), contact the Homeowner's HOPE hotline at 1-888-995-HOPE or go to ...
Banks Paying Homeowners Up To $35000 To Sell Houses, Avoid Foreclosure: ReportHuffington Post

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More about Home foreclosures decline, but completions rise - CBS News
Mortgage modification program expanded to investors, others - Chicago Tribune


Chicago Tribune

Mortgage modification program expanded to investors, others
Chicago Tribune
Under an expansion of the Home Affordable Modification Program, investors can seek mortgage loan modifications for rental properties, regardless of whether the home is occupied by a tenant or it is vacant but the owner plans to rent it.
Home Loan Modification Foreclosure Prevention Programs; Federal Finance ...Learning and Finance
Administration to extend homeowner aid programLas Vegas Review - Journal
Home loan aid program extended through 2013Sacramento Bee
Wall Street Journal -Los Angeles Times -National Mortgage Professional Magazine
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More about Mortgage modification program expanded to investors, others - Chicago Tribune
Mortgage relief: Partial solution better than none - msnbc.com


msnbc.com

Mortgage relief: Partial solution better than none
msnbc.com
The other major component of the state-federal settlement centers on a promise by the big five lenders to expand the volume of loans they modify for homeowners who are struggling to make their monthly payments. Depending on how many states sign on, ...

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Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date - National Mortgage Professional Magazine


Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date
National Mortgage Professional Magazine
More than 5.6 million modification arrangements were started between April 2009 and the end of December 2011—including more than 1.7 million HAMP trial modification starts and nearly 1.2 million Federal Housing Administration (FHA) loss mitigation and ...

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More about Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date - National Mortgage Professional Magazine